Bloomberg: Liquidity and cash conservation are now primary concerns for companies, with about 287 mentioning liquidity in statements since April 1. At least 55 have cut capital-spending forecasts so far, and S&P 500 companies are discontinuing dividends and cutting buybacks faster than at any time since 2006. So far, 30 such companies have discontinued, omitted or reduced dividends, totaling $3.3 billion (2.5%) of the index's 4Q total. About 80% of S&P 500 stocks pay a dividend, with a median payout ratio of 42%.